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What lessons can enterprises learn from today’s semiconductor shortage?

11 MINS READ

Devashish Das

Consulting Partner, Manufacturing, UK and Ireland, TCS

Highlights

  • The semiconductor shortage can be traced not just to geopolitical issues but also to limitations and strains in the automotive supply chain.
  • Real-time collaboration and better understanding of the demand and supply can reduce the risks of the supply chain for automotive original equipment manufacturers. 
  • Supply chain visibility, inventory forecasting, direct contracts with suppliers, and addressing the complexity of parts numbers and features are some ways automotive firms can decrease supply chain risks.